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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Revenue        
Services $ 47,252 $ 33,203 $ 94,696 $ 65,357
Products 9,086 7,942 16,071 23,765
Total revenue 56,338 41,145 110,767 89,122
Costs and expenses        
Cost of sales - Services 35,589 23,319 70,180 46,945
Cost of sales - Products 6,146 6,505 11,930 18,958
Total costs and expenses 41,735 29,824 82,110 65,903
Selling, general and administrative expenses 8,791 7,976 17,333 15,805
Operating income 5,812 3,345 11,324 7,414
Other income (expense)        
Other income 238 253 257 281
Interest expense (1,672) (1,462) (3,480) (2,920)
Income before income taxes 4,378 2,136 8,101 4,775
Provision for income taxes (Note 8) (1,729) (951) (3,451) (2,307)
Net income 2,649 1,185 4,650 2,468
Less: Net income attributable to non-controlling interest (Note 2) (676) (405) (874) (572)
Net income attributable to Telos Corporation $ 1,973 $ 780 $ 3,776 $ 1,896